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Which describes President Hoover's approach to reviving the economy during the Great Depression?

encouraging individuals to help themselves
increased government intervention
demanding repayments of war debts
decreased trade with foreign countries

Respuesta :

A
President Hoover believed in the idea of "rugged individualism." He thought that the American spirit required people to make their own way. He therefore rejected government intervention in the economy. He believed that government, businesses, and individuals should cooperate at all levels to keep the economy running smoothly and efficiently.

President Hoover encouraged individuals to help themselves as an approach to reviving the economy during the Great Depression.

President wanted citizens to take initiative by working hard for maintaining economic stability. The approach aims for making businesses aware that they should not remove employees and reduce production voluntarily.

Thus, the collaborative approach of citizens and industries was prioritized over government intervention for sustaining the economy.

Learn more about President Hoover's approach here:

https://brainly.com/question/11989126

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